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Parviz Farsangi leaves Vale Inco

Parviz Farsangi executive vice president and COO of Vale Inco has left the company. Cory McPhee, director of corporate affairs confirmed his leave saying there will be further restructuring going on, but the end should be wrapping up fairly soon.
Northern Ontario Business Staff


Parviz Farsangi executive vice president and COO of Vale Inco has left the company.

Cory McPhee, director of corporate affairs confirmed his leave saying there will be further restructuring going on, but the end should be wrapping up fairly soon.

“We wish him well,” he said.

Farsangi brought leadership to the company in one of the most tumultuous periods in the business, McPhee said.

No other person has been appointed in his place. John Pollesel, who recently took over as president of Vale Inco Ontario operations, after Fred Stanford left, June 10, will oversee the Ontario functions, while Tito Martins CEO and president will continue managing the Canadian assets.

More news to follow.